Thursday, March 10, 2011

Follow up on Getty Realty, GTY

Income Investors, do not be fooled by GTY reaffirming the dividend. It is still too risky for the ordinary income investor. I want to own an 8 plus dividend yield with low leverage just as you do, but not when the revenue source is so concentrated that a negative event could render your investment worthless.

If GTY can show consistent revenue over the next year or two, and repairs its dependence on such a narrow source of income, we can reconsider it as one of our investments.

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My income investing success came from my experience managing my and other people's money since 1993. Successful income investing requires discipline. In this blog I provide specific investments based on my principles of conservative income investing. I hope to help the thousands or even millions of people who have saved and want to invest their nest eggs to retire with income that grows. M* MoneyMadam

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Information on this blog does not constitute investment advice. Review or mention of any stock, bond, or other investment shall not be considered a buy or sell recommendation. Everything in this blog is the opinion of the author and no warranties are expressed or implied. M*MoneyMadam.